Routable
A smarter way to scale accounts payable.
Executive Summary
Routable is a B2B payments platform specializing in mass payouts and accounts payable automation, designed for businesses with high-volume payment operations. It streamlines the entire AP process from vendor onboarding and invoice capture to global payments and reconciliation, offering significant cost reductions and enhanced compliance. The platform differentiates itself through its AI-powered OCR, robust API-first approach, and comprehensive fraud prevention capabilities, serving finance teams, controllers, and CFOs.
Use Cases
- Automating high-volume mass payouts to contractors and vendors globally.
- Streamlining end-to-end accounts payable processes, from invoice capture to payment.
- Ensuring compliance and preventing fraud in B2B payment operations.
- Managing vendor onboarding and tax document collection efficiently.
- Facilitating international payments in multiple currencies to 220+ countries.
- Achieving real-time payment reconciliation and faster month-end closes.
Features
Visibility
- Real-time Payment Tracking: Offers sophisticated tracking tools and real-time visibility into payment statuses, cutting days off month-end close.
- Audit-Ready Data: Automatically records and maintains payment data in a format that satisfies even the strictest auditors.
- Customizable Approval Workflows: Allows businesses to adapt approval processes to perfectly mirror their unique requirements and internal controls.
- Role-Based Access Control: Provides granular control over who can approve, pay, and access sensitive financial data, enhancing security and compliance.
Intelligence
- AI-powered OCR for Invoice Capture: Eliminates manual invoice entry and creates bills in seconds with AI, reducing manual data entry by 80%.
- AI Fraud Prevention: Detects invoice anomalies, changes in banking/routing info, and modifications to attachments to prevent fraud before it happens.
- Automated Vendor Verification: Mitigates fraud and financial risk by automatically verifying tax IDs and screening against global watchlists (like OFAC).
- Intelligent Payment Routing: Optimizes international payments and bulk processing capabilities to slash payment processing costs.
Support
- Dedicated Customer Support: Provides support via email and an in-app chat, with a team available to respond to requests.
- Comprehensive Help Center: An ever-growing online Help Center with documentation to assist users in resolving issues independently.
- Customer Success Team: A dedicated team focused on ensuring customer satisfaction and success with the platform.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, MFA, Role-Based Access Control
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- NLP
- Machine Learning
Integrations
- NetSuite
- QuickBooks
- Xero
- Sage Intacct
Security & Compliance
Certifications: SOC 2 Type II
Encryption: Industry-standard encryption for data at rest and in transit
Pricing
- Model
- Custom enterprise pricing, tiered subscription
- Starting Price
- Contact sales
- Target Customer
- SMB to Enterprise
- Contract Type
- Annual (implied)
- Free Trial
- No (credit card required)
About Routable
Routable is a financial technology company that automates business-to-business (B2B) payments, simplifying accounts payable and receivable processes for modern businesses. Their platform streamlines invoice processing, vendor management, and mass payouts, enabling companies to scale payments efficiently and securely.